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Oracle misses on revenue, beats on profits, will spend $10 billion on buybacks

2016-03-15 23:38:16| IT Services - Topix.net

Oracle is generally playing catch up in the cloud world, but its cloud is selling well, so that's why it is touting impressive growth numbers. Total cloud revenues this quarter in the areas where it competes against Salsforce were REDWOOD SHORES, CA -- -- 03/15/16 -- Oracle Corporation today announced fiscal 2016 Q3 results.

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Dutch mobile market slows revenue decline in 2015

2016-03-15 08:55:00| Telecompaper Headlines

(Telecompaper) The contraction in the Dutch mobile services industry, which gained a fourth operator in Tele2 in 2015, slowed to 3.3 percent last year, for total revenues of EUR 4.9 billion. The rate of decline more than halved compared to 7.5 percent in 2014. According to Telecompaper's latest quarterly Dutch Mobile Operators report, the four network providers continued to see price pressure due to strong competition, lower out-of-bundle revenues, changes in customer behaviour and regulatory effects from lower roaming rates. T-Mobile experienced the biggest drop in annual mobile service revenue and as such lost the most market share. In contrast, KPN and Vodafone showed relatively stable revenues, while Tele2 reached a small market share.

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LTE infrastructure revenue up 3% to USD 13 bln in Q4

2016-03-14 09:11:00| Telecompaper Headlines

(Telecompaper) Global LTE mobile infrastructure revenue grew to a record USD 13 billion in the fourth quarter, up 11 percent from the previous quarter and 3 percent year on year, driven by large-scale rollouts in China and India, according to a report from Infonetics. However, China has now reached the end of its massive LTE rollouts led by China Unicom and China Telecom, while LTE builds in Western and Central Europe are very close to completion, suggesting LTE has peaked and 2016 will be its first year of decline, said the report.

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Air NZ and United Airlines to Revenue Share on NZ-USA Routes

2016-03-11 01:26:31| Airlines - Topix.net

Air New Zealand and United Airlines have entered into a revenue sharing agreement, further deepening the longstanding alliance between the two airlines. Under the revenue sharing alliance the carriers will work together to promote and sell both airlines' services between New Zealand and mainland USA, including domestic feeder services in both New Zealand and the United States, increasing the flight options available to customers.

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RTL Group reports record EUR 6.03 bln revenue for 2015

2016-03-10 21:14:00| Telecompaper Headlines

(Telecompaper) European entertainment network RTL Group has reported record revenue of EUR 6.03 billion for 2015, up 3.8 percent from EUR 5.81 billion in 2014, driven by increasing revenue at Mediengruppe RTL Deutschland, growing digital revenue and favourable exchange rate effects. Group revenue is well diversified with 53.7 percent from broadcast advertising (TV and radio), 22 percent from content, 8.4 percent from digital activities, 4.1 percent from platform revenue (EUR 248 million) and 11.8 percent other revenue. Reported EBITA reached a record EUR 1.17 billion in 2015, up 2 percent from EUR 1.14 billion in 2014, mainly driven by a significantly higher EBITA contribution from Germany.

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